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Transfer Pricing. – Royalty and testing thereof

December 30, 2016 2200 Views 1 comment Print

To calculate an effective royalty rate for a comparison with a third party royalty rate, one may have to not only determine what will be the future economic benefit that may arise in the form of cash flows but also convert them into a rate (say as a percentage of sales).

No adverse effect of demonetization: Agriculture Minister

December 29, 2016 550 Views 0 comment Print

Union Minister of Agriculture and Farmers Welfare, Shri Radha Mohan Singh said that there is no adverse effect of demonetization

Constitution of HLC to review Institutionalization of Arbitration Mechanism

December 29, 2016 682 Views 0 comment Print

In order to ensure speedy resolution of commercial disputes and to facilitate effective conduct of international and domestic arbitrations raised under various agreements Government has decided to constitute a High Level Committee (HLC) in the Ministry of Law and Justice

Freedom to doubt, disagree and dispute intellectually must be protected

December 29, 2016 613 Views 0 comment Print

Freedom to doubt, disagree and dispute intellectually must be protected as an essential pillar of our democracy, says President Shri Pranab Mukherjee

SEBI (Portfolio Managers) (Amendment) Regulations, 2016

December 29, 2016 1360 Views 0 comment Print

The provisions of this Chapter shall apply to eligible fund managers exclusively, pertaining to their activities as portfolio managers to eligible investment funds.

Disclosure of Financial information to Stock Exchanges by REITs

December 29, 2016 1414 Views 0 comment Print

Regulation 23 of SEBI (Real Estate Investment Trusts) Regulations, 2014 prescribe disclosures to be made by a REIT to Stock Exchange(s) where its units are listed.

Companies (Incorporation) Fifth Amendment Rules, 2016

December 29, 2016 10027 Views 0 comment Print

Simplified Proforma for Incorporating Company Electronically (SPICe).-(1) The application for incorporation of a company under this rule shall be in FORM No. INC-32 (SPICe) alongwith e-Memorandum of Association (e-MOA) in Form No.lNC-33 and e-Articles of Association (e-AOA) in Form no. INC-34.

Procedure to claim Duty Credit Scrips if LEO date is upto 31.03.2015 but export is on or after 01.04.2015

December 29, 2016 934 Views 0 comment Print

Procedure for claiming Chapter 3 benefits of FTP 2009-14 for exports were LEO date is upto 31.03.2015 but date of export is on or after 01.04.2015 is notified.

Redress grievances on CPGRAMS Portal within 30 days: CBDT

December 29, 2016 17659 Views 0 comment Print

One of major reasons for delay in grievance redressal is failure to identify competent officer to redress grievance and lack of knowledge of recent circulars/instructions

Report on Financial Data Management Legal Framework in India

December 29, 2016 673 Views 0 comment Print

Finance Minster in Budget Speech 2016-17, had announced A Financial Data Management Centre under aegis of Financial Stability Development Council (FSDC) will be set up to facilitate integrated data aggregation and analysis in the financial sector

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